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? >> my instinct tells me that the answer is no, that in economic terms i think the market, the economy at large will move beyond this relatively quickly. but at the same time, there may be some lingering impact in terms of investor sentiment. the sell-off clearly that occurred on friday and then again on monday, in my opinion, was a reassessment of the pace of global growth. important to point out that most of the weakness yesterday was already in the market before the bombings took place. but clearly, there is an impact on investor sentiment, a reminder that it's a dangerous world. and so you may see a little bit less of a risk appetite going forward. in economic terms, i think we'll move beyond it fairly quickly. >> yeah. john, i guess you would ask, at this point, you wouldn't think that consumers would change behavior based on this. it could potentially aveng -- i don't know, whatever group you want to talk about, jonathan, restaurants or any type of tourists activities. nothing to expect at this point, do you think? >> if you said to me are consumers going to be spending time watc
. i know lgt runs some money that's invested into the russian economy. tell us a little bit about the character of this market and whether you can put cash to work here and feel comfortable that you are going to get a return. >> yep. we are invested in the russian market. but it's true, we have a lower allocation to it. the 11% toe 2% sounds quite low. it is a difficult way to access the markets. we see fundamentally from the point of view a strong currency. you look at low valuation, you look at the current surplus, you look at growing middle income class, which wants to consume, so key market indicators are actually strong. the challenge is much more the investment type. so we look at a narrow market, the way you invest is mainly into oil and energy companies. which most of them are state owned to the majority, so we end up being minority investors. what that means is it's still difficult for to us play to the russian growth topic investmentwise. what we can do is we can look at valuation, we can look at it from an optimal point of view. we can see if there is opportunities whic
is a realization now that the market is probably well ahead of itself, based on what the economy is, based on what we're seeing happening around the world in china, certainly what's going on in europe. so the fact is that investors all of a sudden are deciding, geez, we better start paying attention to this news, becausing the market is well ahead of itself. so what you're seeing is the market backing off and really coming back or trying to come back to a state of equilibrium between where the economy is and where the market should be. the whole boston thing and boston marathon and that down in d.c. is certainly adding some angst to the market, but that's not the reason the market is off 170 points. part of it is much more technical just in terms of market action. >> but, michael, when we saw the market come off the lows, it happened to be when we thought there was an arrest. is that a coincidence with the markets? >> i think to some extent, there's going to be a little bit of a relief move if you see some kind of arrest really happen, but these deflationary pressures have been in play since the e
investing. risk includes possible loss of principal. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. >>> twitter not only broke news of boston bombings but during the middle of night fire fight, that was one guy who had an exclusive. >> he said you can call me kitz. he started live tweeting and ta taking pictures of what was happening in that fire fight right in his neighborhood, right behind his house. he told us what was happening, who was there, there's a car, he was giving license plate numbers. he had the story. and this is just a guy who invented an iphone case where you can put your credit cards in it it. >> on friday night you saw a picture
that people view as specific predictors of where the economy is going. and again, you can see while it did go down in august of 2012, we've essentially had six straight months of either flat or up and then we had a down. and, again, we would normally want to see something like three months of a trend before we made too much of this. but the fact is, that's not -- it's not a good news. so the question is, well, why is this happening? we've had -- first we've had soft spots in the economy for the last two or three springs. might be another one of those. but you have had the payroll tax increase go into effect. you've had sequestration go into effect. you have no growth in people's incomes. that was the more disappointing numbers out of the last unemployment insurance report. and if people don't have money, they can't spend money. and finally, we're being affected in the slowdown in europe in particular and the slowdown in the emerging markets. our export growth has fallen to about zero at the moment because there isn't demand overseas for our products. so it feels like a little bit of a soft sp
the same with gold. i think the drop in gold is a very positive signal for the longer term economy. but i think these events coming together so rapidly, what went on in boston and the gold crack up and you mentioned commodities, it has given people an excuse to take whatever, 5% to 7% breather in stocks. >> i think that's a good point. what we don't talk about, money coming out of gold is not a bad thing. it's a positive thing in the long run for equities. other commodities especially oil, gasoline prices come down 17% from their peak. i think that's going to be a positive in the economy. so you have to look at the bright side of some of these things. but you're right, it's impossible to separate the emotional from the economic. and we have both going on. a tragedy occurred. it's hard to separate both. >> emotion plays a big role in the stock market. art, thank you very much. we'll resume our coverage of the boston marathon bombing investigation when the kudlow report comes right back. maxwell is not. he's on geico.com setting up an appointment with an adjuster. ted is now on hold with hi
the u.s. economy is going to be 3% larger. bad news is nothing's changed other than the way we calculate the size of the u.s. economy. >> oh, my goodness. >> great. >> thanks for being here. you added a lot. mika, thank you so much. mika, you're going to try to make the jump? >> no. well, maybe. we'll see. >> maybe the surface. we'll see. >> i like the surface. using it to cover myself. >> a.j., phone home. it's way too early, what time is it, mike? >> it's time for "morning joe." right now other than a.j. clementi's first day on the job, the most important thing is it's time for chuck todd. >> now. >>> the surviving boston bombing suspect starts to answer investigators' questions. legal experts and lawmakers debate his rights. this morning we're talk to the top lawyer at the acclu. congressman peter king who says the suspect should be treated like an enemy combatant. >>> back in washington senator marco rubio tries to steer his party to an immigration deal. some veteran republicans raise new questions and an up and comer could end up being a roadblock the size of texas. >>> in the wake
is talking about a spring swoon for the economy. isn't spring a time for revival and resurrection. let's bring in our ace investor to get his forecast on the potential swoon. jeff klein, chief strategist, one of the best of the best. good to see you, jeff. why is it so gloomy all of a sudden? golly, this is not like last year. you a saw the housing numbers today, home sales off a tiny bit, but 11/12% price increases year on year, that's totally different from prior years. >> it is right, the housing situation is better. the auto sales are good. there are a lot of things in much better shape. but the market is all about expectations. the fact is economic data as solid as it has been lately has come in weaker than expectation, so have profits and importantly revenues lately. it's not that we see them falling off a cliff, if expectations got a little too high or rosy, it's funny, larry, as we looked at this year back at the end of last year, we laid out scenarios, a bulk case, down the middle base case, stocks have taken the bull path. bonds are kind of right in the middle. it's interesti
. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. [ male announcer ] you've reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to your doctor. >>> we are back tonight. this i
two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. love your passat! um. listen, gary. i bought the last one. nice try. says right here you can get one for $199 a month. you can't believe the lame-stream media, gary. they're all gone. maybe i'll get one. [ male announcer ] now everyone's going to want one. you can't have the same car as me, gary! i'm gettin' one. nope! [ male announcer ] volkswagen springtoberfest is here and there's no better time to get a passat. that's the power of german engineering. right now lease one of four volkswagen models for under $200 a month. visit vwdealer.com today. >>> huge story across this country today for travelers and all those counting on them. a computer problem took down the american airlines' reservations and check-in system. for a time the entire airline grounded its fleet. they sa
the first quarter of this year. guns, immigration and the economy. i think congress can only handle maybe one or two issues of that, and as we saw right now they dropped the ball on guns. one of them didn't go through. >> what is the fallout on guns? what happens? the president -- michael, he seemed to telegraph how he planned on campaigning on this. he used this issue in a campaign mode. the question i wonder is in a year is it still the same message? >> chuck, this goes back to the point i just made about immigration, that the opponents here have intensity and persistence. the supporters of gun control, they may feel strongly about it. maybe a certain intensity and historically what happens, that support, it fades, whereas the opposition remains intent called preference intensity is a really important thing that drives what happens in washington. i think that, you know, one reason that people who did not want to support gun control opposed this kind of general cultural sense, a signifier for where you are on cultural issues. where do you come down on certain -- i think for the president
to be responsible for the fall of our economy. and that's not what happens. and there's no evidence whatsoever to demonstrate that workplace safety regulations by osha make any impact on businesses' ability. and i would argue that a facility like this that blows up not only do you have the devastation of people who have been killed, you have now a lost numbers of jobs and you have a community that's, you know, completely devastated by this disaster. >> yeah, and this is a perfect example of, i mean, i don't -- i cover public life for a living. i don't think very often about who is regulating huge warehouses of nitrates that are sitting there and could blow up. that's someone's job, right? someone's out there doing this. one place is the chemical safety board. they do post disaster investigations. they try to create recommendations. here's a statistic to give you a sense of about the squeezing there is on regulatory bodies more fully. here's those gray bars are recorded incidents, right? chemical workplace incidents, and those orange bars are investigations. and what you see is a gap opening up
the world. >> despite rebounds in the local economy, food banks report the need for food assistance still very high here and where we live. local food banks say the money they get from the walks is helping them keep food on the shelves. >>> and one more warning. it's going to be hot tomorrow. >> it is going to be hot. record heat across the bay area tomorrow. i wouldn't be surprised if you look at every city breaking a record across the bay tomorrow. 92 inland. 77 at the coast. it's going to be hard to escape the heat. as we head towards tuesday, things will cool. for wednesday and thursday, that's when the major cooling comes our way. we're back into the 70s inland. 60s at the coast. a little bit of everything this upcoming week. back into the 80s by next weekend. >> thank you very much. nice and warm. nice and dry. >> absolutely. thanks for watching nbc bay area news. the chris matthews show is next. >> good night, everyone. >> good night. >> this is is the chris matthews show. >> ask not what your country can do for you. >> tear down this wall. i can hear you. >> the time for change ha
economy and we protect the future of our kids and grandkids? or are we going to do something that's got a very short-interpret payback? so when i look at the keystone pipeline, it is a 40-year investment in bringing very dirty oil that we can then ship to the chinese. if it isn't dug out of our country it isn't sent to our country. it just goes through our country. whereas in fact i see a completely different way to respond to this. i think that if we respond through american business to solve this energy and climate problem, we will make ourselves richer, healthier and we will respond to the biggest challenge of our generation. >> five years ago i was convinced watching the politics of climate change, if you will, that this was moving in a direction where you had sort of -- it was getting out of politics. then all of a sudden it's become more politicized. you see this, what candidate obama said in 2008 about climate change, yes, what he said at his nug gu inaugural, but it seems the politics of this issue has scared democrats again. >> i don't think there's any question. we went throug
does, and he believes -- he actually says the economy is not bad for their customer base as you might think. in an environment like this malone cease cheap money and the ability to lever up cash flow-producing businesses and he will keep doing that and liberty global will be leveled high. you get to some high levels in terms of how much debt versus how much cash flow you have. nonetheless, that's a strategy and that continues to be one. >> use it. use it. use it. >> everyone always talks about how they've got to go overseas and then they pay too much. here's a guy who is going in and he's not paying too much. he is down substantially and any time you ever listen to a conference call, it's, like, woe is me, and here's a guy that says i'm taking advantage of it and that means to me that there will be a bottom because he's too smart to bet against them. >> we'll meet coat-directors of a documentary on bernie madoff said to premiere at new york's tribeca film festival. the dow is down 108, reversing what we got yesterday. back in a minute. ♪ ♪ [ male announcer ] how do you engineer a
was the most important problem facing this country today. economy, unemployment, and dissatisfaction with government were the most pressing issues. some other of the 16 problems people mentioned, 3% said look of money, 2% saying lack of respect for each other. of the 1,000 people asked, not a single mention of terrorism. still on terrorism, the fbi has reportedly reopened its files on a trip one of the suspected bombers made to dagestan. but some people are saying they should have had him under surveillance since he returned. joining me now, former republican texas senator and cnbc contributor kay bailey hutchison. and welcome to you. i'm glad to have you here to talk about this. because i know you are aware of the fbi facing some criticism for its investigation into tamerlan tsarnaev. is it too much to expect the fbi to follow up on these individual cases, particularly those that they've looked at and deemed not to have potential terrorism relevance? >> well, i think that it's very hard to criticize the fbi right now because i think they have led an incredible investigation in bosto
in the current state of the economy. this is from fall of 2012. we will see if that changes post-boston and if those numbers go up. this goes to the earlier segment that you aired, this idea that the united states is complacent with respect to terrorism. i think the survey demonstrates it is among the things that iople think about your it also think that the law enforcement community is certainly not complacent when it comes to terrorism. the boston event was a security event. there's a lot of individuals covering that event, from federal, state and local. i don't think that boston happened due to complacency. i don't think we necessarily are complacent. i think we have accepted terrorism as a new facet of our reality, albeit one that does not happen that frequently. host: if you want to look at the start.u you can go to m.d.edd.edu to get more informa. nationaliff, from the consortium for the study of terrorism & responses to terrorism. caller: good morning. i think these turbo crimes are quite separate. two crimes are quite separate. the man in connecticut was concerning his di
it. >> in 1839, britain, at the moment it controls more of the world economy than it will ever do before or since, about 40% of world trade, go in and invades afghanistan. looks as if it's going to be incredibly easy. >> always does, doesn't it? >> they walk in as with many other subsequent invasions, looks as if everything's going to go very easy. within a few months they are busy ice skating. they brought their fox hounds. they've come up with 30 camels full of -- they brought three camels with cigars. one camel just carrying eau du cologne for the troops. all looks easy. within 18 months the most incredible jihad has been declared. the troops are completely surrounded. because they walked in so easily they haven't made any fortifications. they're surrounded on all sides by hills. the afghans capture their food and ammunition within about 48 hours. they shoot the deputy governor at the uprising. the main governor goes out to negotiate. he gets shot dead. you have a completely lead to this army without food, without ammunition in the middle of winter. all they can do is retreat.
'm equipped for, because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. >>> welcome back to this special edition of "today" as we cover the aftermath of monday's bombings at the boston marathon. natalie is back with more on why this event means so much to this city. >> that's right, savannah, from many participants completing the race is a lifelong dream. it is known for its challenging hills and its enthusiastic crowds but this year it became the perfect target for terror. who could have predicted a race that began with the traditional starting gun would end with a pair of explosions. a city wide celebration transformed in an instant by an act of terrorism. >> everybody was excited, taking pictures and next thing you know it's just utter chaos. we were terrified and the only thing we could think of, is there another
i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. ♪ wow. ♪ what? ♪ mmm. it looks delicious! i didn't work out this morning. i should try it? yeah. actually pretty tasty. sausage, egg and cheese. mmm! this is from special k? no way! that changes things. [ female announcer ] new special k flatbread breakfast sandwiches. with multi-grain flatbread, eggs, sausage, and cheese. it's only 240 calories. if you guys can come back tomorrow, it'd be fantastic. [ female announcer ] a breakfast revelation. what will you gain when you lose? for a strong bag that] a bgrips the can...ion. get glad forceflex. small change, big difference. [ female announcer ] resisting the magical taste of silky smooth dove® chocolate is difficult. but choosing which one is even harder. go! is difficult. olive garden's new buy one, t
fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. >>> thursday morning. meteorologist, christina loren, i want to start with your wind speeds which have significantly dropped off. it will not be windy. san jose, oakland, sunnyvale. overall, a nice warming trend today. temperatures jumping into the upper 70s, low 80s. 80 degrees for livermore. 77 in fremont. 77 degrees in san jose staying nice and warm through the extended period. >>> we're following the latest on the deadly blast at the fertilizer plant in texas. danger facing some residents there. first, this is "today" on nbc. president and mrs. obama arriving in boston to honor the victims of monday's deadly bombing. here you go little man. [ humming ] [ babbling ] the cheerios bandit got you again? [ both laugh ] ♪ the one and only, cheerios [ both laugh ] what thats's great. it won't take long, will it? nah. ok! this won't take long, will it? no, not at all. how many of these can we do on our budget? more than you think. that didn't take very long di
. an educational mecca, health care mecca. we're an innovation economy mecca. and this may have made us a likely target for what happened at the boston marathon on monday. >> thank you very much for joining us. he is with boston globe, which has been putting out a lot of the information we have been following since monday. >> dow looks like it would open up 22 points. s&p up 8 points. nasdaq by 22 points. and a business story of notes and breaking news. dell's special committee is confirming it has received a notice from blackstone group. sit withdrawing from the bidding process. blackstone will not submit a definitive proposal to buy the company. they submitted an indication of interest for 25eu billion offer in march. a letter saying that it "found a significant number of issues that surfaced since we submitted our letter of proposal on march 22nd." specifically i should note an unprecedented 14% market decline, the steepest drop in history. they are now saying is inconsistent with management's own projections for growth. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come i
Search Results 0 to 24 of about 25 (some duplicates have been removed)